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Economy, business and finance
'Hopefully, we're towards the end of war': Trump claims Iran wants to 'reach a deal'
US President Donald Trump said on Sunday that the United States' war against Iran 'is heading towards the end'
US President Donald Trump said on Sunday that the United States' war against Iran "is heading towards the end". The American president's proclamation came on Wednesday, while he was speaking to reporters before boarding Air Force One. The American leader also claimed that Iran wants to "reach an agreement" as he discussed the prospects of ending the conflict, which has been waging on for over six months.
"They want to make a deal. We'll see how that works out," he told reporters. "Iran is very much wanting to make a deal," he remarked. Trump's comments on ending the war in Iran are coming at a time when he is facing pressure over the cost of the conflict.
On Tuesday, for the third time, the US House of Representatives voted to end the war in Iran, approving a war powers resolution that would halt President Donald Trump's ability to continue military action without congressional approval.
220 against 204 lawmakers voted in favour of the resolution. The figures were similar to the earlier efforts this summer, with a few more Republicans joining, and all Democrats voting to bring an end to the conflict. However, it is pertinent to note that none of these resolutions has made it to the president's desk, where Trump would almost certainly veto the measure.
“Remember when Donald Trump said that this war would last just a few weeks?” said Rep. Seth Moulton, D-Mass., who served as a Marine during the Iraq War and pushed the resolution forward. He maintained that it's time for Congress to “actually ask tough questions, as the Constitution directs us to do, rather than be subservient to another warmongering administration.”
What made the Tuesday voting crucial is the fact that it is likely going to be the last House vote on the Iran war ahead of the midterm elections, where the conflict overseas is playing a substantial role in the political campaigns.
Lawmakers will be heading home at the end of the week to campaign nearly full-time, with less than 50 days to go before the elections that will determine control of Congress as Democrats try to wrest power from Republicans.
Voters have been dealing with issues such as high prices, particularly for gas at the pumps, as the conflict disrupts the flow of oil resources through the vital Strait of Hormuz. The Congressional Budget Office said on Tuesday that the war has cost more than $38 billion, as of August 1, and is projected to be costing between $2 billion and $3 billion monthly, depending on the intensity of the fighting. The Budget Office projected inflation will be 0.5 percentage points higher than expected heading into 2027 due to the war.
With inputs from the Associated Press.